Summary: New Jersey Health Care Facilities Financing Authority Inspira Medical Center Woodbury Inc./Robert Wood Johnson University Hospital; Letter of Credit

Standard&Poor's Ratings Services confirmed its 'AA-/A-1+' rating on New Jersey Health Care Facilities Financing Authority's series 2002A and series 2008 variable-rate demand revenue bonds, issued for Robert Wood Johnson University Hospital and Inspira Medical Center Woodbury Inc., respectively, due to the bank facilities being extended to June 30, 2016 (for series 2002A), and July 11, 2016 (for series 2008). The long-term and short-term components of the rating are based on the rating on the letters of credit provider, TD Bank N.A. USPF Criteria: Bank Liquidity Facilities, June 22, 2007 USPF Criteria: Secondary Market Derivative Products, June 27, 2007 USPF Criteria: Standby Bond Purchase Agreement Automatic Termination Events, April 11, 2008 Structured Finance Criteria: Global Methodology For Rating Repackaged

...Standard & Poor's Ratings Services confirmed its '##-/A-1+' rating on New Jersey Health Care Facilities Financing Authority's series 2002A and series 2008 variable-rate demand revenue bonds, issued for Robert Wood Johnson University Hospital and Inspira Medical Center Woodbury Inc., respectively, due to the bank facilities being extended to June 30, 2016 (for series 2002A), and July 11, 2016 (for series 2008). The long-term and short-term components of the rating are based on the rating on the letters of credit provider, TD Bank N.A....

Summary